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Ashok Leyland shares rise 2.01% on Nifty Midcap 150

With the stock currently trading at Rs 137.24, Ashok Leyland exhibits a positive movement in today's session, in line with a bullish investor sentiment.

September 17, 2025 / 11:26 IST
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    Shares of Ashok Leyland were trading at Rs 137.24, up 2.01% in Wednesday's session. The stock is a constituent of the Nifty Midcap 150 index.

    Financial Snapshot:

    The following table summarizes the consolidated financial performance of Ashok Leyland:

    HeadingJun 2024Sep 2024Dec 2024Mar 2025Jun 2025
    RevenueRs 10,724.49 CroreRs 11,147.58 CroreRs 11,995.21 CroreRs 14,695.55 CroreRs 11,708.54 Crore
    Net ProfitRs 549.53 CroreRs 755.21 CroreRs 812.09 CroreRs 1,234.38 CroreRs 652.98 Crore
    EPS1.732.402.593.851.04

    The company's revenue for the quarter-ending June 2025 was Rs 11,708.54 Crore, compared to Rs 10,724.49 Crore for the quarter-ending June 2024. The net profit for the quarter-ending June 2025 stood at Rs 652.98 Crore, while it was Rs 549.53 Crore for the quarter-ending June 2024.

    Annual Financial Performance:

    Heading20212022202320242025
    RevenueRs 19,454.10 CroreRs 26,237.15 CroreRs 41,672.60 CroreRs 45,790.64 CroreRs 48,535.14 Crore
    Net Profit-69.10 Crore-292.97 CroreRs 1,350.91 CroreRs 2,679.96 CroreRs 3,351.21 Crore
    EPS-0.56-1.224.238.4610.58
    BVPS31.1029.2636.7840.2341.66
    ROE-2.10-4.9014.5027.5825.39
    Debt to Equity2.313.283.614.514.06

    The annual revenue for Ashok Leyland increased from Rs 45,790.64 Crore in 2024 to Rs 48,535.14 Crore in 2025. Net profit also saw an increase, rising from Rs 2,679.96 Crore in 2024 to Rs 3,351.21 Crore in 2025.

    Income Statement Yearly:

    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    SalesRs 48,535 CroreRs 45,790 CroreRs 41,672 CroreRs 26,237 CroreRs 19,454 Crore
    Other IncomeRs 358 CroreRs 140 CroreRs 110 CroreRs 86 CroreRs 131 Crore
    Total IncomeRs 48,893 CroreRs 45,931 CroreRs 41,783 CroreRs 26,323 CroreRs 19,585 Crore
    Total ExpenditureRs 40,398 CroreRs 38,859 CroreRs 37,432 CroreRs 24,662 CroreRs 17,751 Crore
    EBITRs 8,494 CroreRs 7,071 CroreRs 4,351 CroreRs 1,661 CroreRs 1,834 Crore
    InterestRs 3,930 CroreRs 2,982 CroreRs 2,093 CroreRs 1,869 CroreRs 1,900 Crore
    TaxRs 1,213 CroreRs 1,409 CroreRs 906 CroreRs 85 CroreRs 2 Crore
    Net ProfitRs 3,351 CroreRs 2,679 CroreRs 1,350 Crore-292 Crore-69 Crore
    Income Statement Quarterly:
    Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024
    SalesRs 11,708 CroreRs 14,695 CroreRs 11,995 CroreRs 11,147 CroreRs 10,724 Crore
    Other IncomeRs 98 CroreRs 121 CroreRs 64 CroreRs 114 CroreRs 29 Crore
    Total IncomeRs 11,807 CroreRs 14,817 CroreRs 12,060 CroreRs 11,261 CroreRs 10,754 Crore
    Total ExpenditureRs 9,808 CroreRs 12,155 CroreRs 9,924 CroreRs 9,232 CroreRs 9,086 Crore
    EBITRs 1,998 CroreRs 2,661 CroreRs 2,135 CroreRs 2,029 CroreRs 1,668 Crore
    InterestRs 1,111 CroreRs 1,052 CroreRs 1,011 CroreRs 962 CroreRs 903 Crore
    TaxRs 233 CroreRs 374 CroreRs 312 CroreRs 311 CroreRs 214 Crore
    Net ProfitRs 652 CroreRs 1,234 CroreRs 812 CroreRs 755 CroreRs 549 Crore
    Cash Flow:
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Operating ActivitiesRs 128 Crore-6,257 Crore-4,499 CroreRs 2,844 Crore-1,065 Crore
    Investing Activities-5,758 CroreRs 1,135 Crore-2,934 Crore-1,916 Crore-991 Crore
    Financing ActivitiesRs 6,957 CroreRs 8,431 CroreRs 7,280 Crore-377 CroreRs 1,330 Crore
    OthersRs 0 CroreRs 0 CroreRs 31 CroreRs 0 CroreRs 18 Crore
    Net Cash FlowRs 1,327 CroreRs 3,308 Crore-122 CroreRs 549 Crore-707 Crore
    Balance Sheet:
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Share CapitalRs 293 CroreRs 293 CroreRs 293 CroreRs 293 CroreRs 293 Crore
    Reserves & SurplusRs 11,938 CroreRs 8,710 CroreRs 8,217 CroreRs 6,968 CroreRs 7,568 Crore
    Current LiabilitiesRs 26,551 CroreRs 26,679 CroreRs 22,454 CroreRs 18,615 CroreRs 16,223 Crore
    Other LiabilitiesRs 42,931 CroreRs 31,976 CroreRs 23,762 CroreRs 17,722 CroreRs 17,981 Crore
    Total LiabilitiesRs 81,714 CroreRs 67,660 CroreRs 54,728 CroreRs 43,600 CroreRs 42,066 Crore
    Fixed AssetsRs 8,078 CroreRs 7,374 CroreRs 7,221 CroreRs 7,102 CroreRs 7,578 Crore
    Current AssetsRs 34,240 CroreRs 29,126 CroreRs 24,243 CroreRs 18,614 CroreRs 15,918 Crore
    Other AssetsRs 39,396 CroreRs 31,159 CroreRs 23,263 CroreRs 17,883 CroreRs 18,569 Crore
    Total AssetsRs 81,714 CroreRs 67,660 CroreRs 54,728 CroreRs 43,600 CroreRs 42,066 Crore
    Contingent LiabilitiesRs 476 CroreRs 940 CroreRs 756 CroreRs 917 CroreRs 864 Crore
    Financial Ratios:
    Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
    Basic EPS (Rs.)10.588.464.23-1.22-0.56
    Diluted Eps (Rs.)10.568.454.22-1.22-0.56
    Book Value [Excl. Reval Reserve]/Share (Rs.)41.6640.2336.7829.2631.10
    Dividend/Share (Rs.)6.254.952.601.000.60
    Face Value11111
    Gross Profit Margin (%)19.7017.6512.4810.8713.33
    Operating Margin (%)17.4715.6210.327.569.03
    Net Profit Margin (%)6.905.853.24-1.11-0.35
    Return on Networth / Equity (%)25.3927.5814.50-4.90-2.10
    ROCE (%)15.3717.4613.337.946.80
    Return On Assets (%)3.803.672.26-0.82-0.39
    Current Ratio (X)1.291.091.081.000.98
    Quick Ratio (X)1.140.940.930.860.83
    Debt to Equity (x)4.064.513.613.282.31
    Interest Coverage Ratios (X)2.432.712.491.530.92
    Asset Turnover Ratio (%)0.650.750.850.7046.24
    Inventory Turnover Ratio (X)12.147.589.456.967.79
    3 Yr CAGR Sales (%)36.0153.4237.78-11.10-18.96
    3 Yr CAGR Net Profit (%)238.21522.7771.95-63.37-80.51
    P/E (x)9.6510.1216.45-48.06-101.34
    P/B (x)4.905.584.784.714.24
    EV/EBITDA (x)11.0810.7113.8020.1819.65
    P/S (x)1.241.100.981.311.71
    Corporate Actions:

    Ashok Leyland announced allotment of shares under ESOP on September 11, 2025. The company also had an analyst/investor meet, and a notice of postal ballot was announced on September 5, 2025.

    The company announced an interim dividend of Rs 4.25 per share on May 13, 2025, with an effective date of May 22, 2025. Furthermore, a bonus issue with a bonus ratio of 1:1 was announced on May 23, 2025, with the ex-bonus date as July 16, 2025.

    Moneycontrol analysis indicates a very bullish sentiment for Ashok Leyland as of September 17, 2025.

    With the stock currently trading at Rs 137.24, Ashok Leyland exhibits a positive movement in today's session, in line with a bullish investor sentiment.

    Alpha Desk
    first published: Sep 17, 2025 11:26 am

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